Atlassian has been one of the biggest casualties of what is now called the SaaS-pocalypse, and it is precisely why I decided to look into it. We are not even two months into 2026 and Atlassian's stock is already down by more than 50% on a year-to-date basis. Despite a share price under significant pressure, Atlassian reported its highest top-line growth in six quarters, which is something I was not expecting given current market sentiment.









